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CNN
Dec 30, 2012 1:00pm PST
and watching. thank you. >> thank you. >>> deadline for that fiscal cliff, well, we have said it, 32 hours. we will bring you the latest on its major sticking points. ♪ [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers.
CNN
Dec 31, 2012 1:00pm PST
us. >> thank you. >> congress had well over a year to tackle this fiscal cliff. instead, we've come down now to the final eight hours before our nation takes a severe hit potentially to the economy. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your basic paper towel can handle them. especially if that towel is bounty basic. the towel that's durable, and scrubbable. in this lab demo, bounty basic is stronger than the leading bargain brand. everyday life? bring it with bounty basic. the strong but affordable picker-upper... now costs even less. >>> we're following the breaking news. the
NBC
Dec 30, 2012 11:30pm EST
they are cutting taxes. >> thank you. if america does fall off the fiscal cliff on the first of the year, maryland would be hit hard. hundreds of millions of dollars and tens of thousands of jobs lost. >> we have a lot of federal workers and businesses that rely on the federal government. many are watching the negotiations closely. if partisan politics prevail and they cannot reach a deal, americans in maryland will burden will -- will be burdened. legislativent of observances had a report about what the impact would be. if we fall off the fiscal cliff. maryland will lose $178 million in funding next year. economists say to make up for it, the state will have to make cuts. >> it will be a challenge to make the ends meet. >> the greater economic impact could be huge hit in sales and income revenue. the state would lose about $268 million in 2013 and another million in 2014. >> small business innovation. these are tied up in those revenues. >> the already struggling job market would take a hit. >> the 53,000 -- the 53,000 jobs is conservative, but other people believed it could be higher. >> a tax i
CNBC
Dec 28, 2012 4:00pm EST
. >> simon, thanks. >> it could be fiscal cliff-proof, the big trade you cannot avoid coming up next. >> and a montana rancher makes his voice heard on estate taxes. if we go over the cliff, he said it could put farms out of business. >> and the governor of montana will weigh in on that himself. more on that when we come back. stay tuned. [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting the
CNBC
Dec 26, 2012 4:00pm EST
to go, guys. thank you for your thoughts and ideas today on our beloved fiscal cliff. >> five days to go and counting before we fall off the so-called fiscal cliff and while there's no deal, more news out of washington and our very own john harwood is there. >> reporter: mandy, we've got a letter from the republican leadership to the president and to the democrats in the senate saying that the house has acted, they passed legislation last year to extend all the tax cuts and to shift the scheduled sequester cuts from defense to domestic programs, but, of course, in urging the senate to act saying, well, we've acted, now it's your turn, we're simply not going to see the democrats take them up on that because president obama since that letter has won the election and now we're looking at the possibility of a mini deal that would get enacted before january 1st but so far all we've heard are the sounds of silence in the negotiations. a senior white house official told me today when i asked was there any holiday season progress, back channel progress over the past couple of days, got a one-wor
CNN
Dec 31, 2012 4:00am PST
. >> thank you. appreciate it. >> that's how we become famous, make a compelling fiscal cliff video. gangnam style. >> ahead on "starting point," a health scare for hillary clinton. the secretary of state is in the hospital being treated for a blood clot. the latest on her condition in a moment. >> and 16 hours and counting until the fiscal cliff free fall. can they possibly get something done? sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your basic paper towel can handle them. especially if that towel is bounty basic. the towel that's du
FOX Business
Dec 30, 2012 6:00pm EST
taking things down the road. thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does n move fast, you're going to get note that the supermarket, and you're going to pay a lot more fr that milk and cheese . hurricanes and the victims need help. waington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. tr
MSNBC
Dec 24, 2012 7:00am PST
. glad to be here. >> senator, there's a lot of talk about the fiscal cliff shifting to the senate. that's where a solution should be worked on. what have you been heard from your leadership on that? >> well, i think that everyone is going back to the drawing boards. i had hoped that we would be able to take speaker boehner's plan b and work on that with the democrats, and then maybe come to terms before we broke for christmas. to make sure the tax increases that would occur at the end of the year won't -- and something that hasn't talked too much is it would make permanent the child tax credit, the marriage penalty relief, the amt relief, things that middle-class families need to continue. all of that will go you have if we don't do something by the end of the year. >> are you hearing from leadership it will be taken up, something does need to cobble together? >> i know our leader are trying. >>> what about vice president biden, you worked with him for 15 years. he and biden worked very well together in the fiscal negotiations last time. should you bring in biden into the conversation h
FOX Business
Dec 26, 2012 11:00am EST
%. dennis: thank you. growing pessimism with less than a week until the fiscal cliff deadline. 50% of americans say we would get a deal, 48% saying it is a no go according to a new gallup poll and that is a big change from a poll conducted last week. we are joined by washington bureau chief jerry side. john bbehner and republicans were unable to do it. now the focus and pressure shifts to the senate and the democrats. >> in the senate is democrats and republicans because last year when we were in this fix couldn't get out of the debt ceiling crisis it was harry reid, the democrat leader in the senate and mcconnell, the republican leader who emerged as adults in the room and worked up something that got through congress. we are on the verge of something like that or at least an attempt to replicate that. how much of a role will whitehouse play, might just be as in 2011 the two senate leaders decide they can take care of this themselves. we will see when president obama gets back tomorrow. dennis: small, thinking a smaller deal rather than something sweeping. >> there was a sense th
MSNBC
Dec 24, 2012 11:00am PST
, nice to see you. thank you. >> thank you. >>> are retail sales diving off the fiscal cliff? we'll talk about how the tax cut debate is impacting the recent christmas shopping economy. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? when you lost the thing you can't believe you lost.. when what you just bought, just broke. or when you have a little trouble a long way from home... as an american express cardmember you can expect some help. but what you might not expect, is you can get all this with a prepaid card. spends like cash. feels like membership. >>> senator mike crapo is apologizing for his drunk driving arrest. he said, quoetd, i'm deeply sorry for the actions that resulted in this circumstance. i made a mistake for which i apologize to my fa
CNN
Dec 30, 2012 4:00pm PST
actually skied this morning and rushed back, but i know one casualty of the fiscal cliff and that's me. >> there you go. >> thank you, thank you. so the senate won't vote tonight. house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what we do know is negotiations are ongoing. there was a big road block earlier today with the so-called chain cpi issue, but that seems to have been put aside. so we'll have to see, but, again, the fundamental issue has been the same throughout this process which is that our republican colleagues are trying to do everything we can to prevent higher income individuals to pay a little bit more to reduce our deficit, and that's wha
FOX Business
Dec 27, 2012 12:00am EST
. stocks slid for the 30 straight session. mediocre holiday seas and deadlock over fiscal cliff gave investors little to get excited about. the dow fell 24 points. the so-called fear index or the vix, soaring more than 4%. fiscal cliff concerns pushed the index to the highest level since july. one bright spot though was on the housing fnt. the monthly case-shiller report found october home prices rose 4.3% mpared with a year earlier. the data giving a late sign of recovery in the housing market is actually gaining traction. first our top story, president obama, cutting his vacation short, flying back to washington, d.c. tonight to work on afiscal cliff deal. now, if the stakes weren't high enough, the treasury department upped ante just a short time ago. it announced the u.s. will hit the debt ceiling on december 31st that is monday. treasury department is undertaking and this is a quote, extraordinary measures to postpone the country's date with the debt deadline, but will this bring a new sense of urgency and motivate politicians to reach a budget deal. joining us now, lindsey pieg
FOX Business
Dec 24, 2012 6:00pm EST
you for coming on tonight. speak always my pleasure, thank you.l gerri: it is fiscal cliff season and christmas season but also oscar season with some of the mostd critically acclaimed fils of the year and moviegoers flocked to the best of the best. and some films few actually go to even of a star for the upggest hollywood. those stars make up the top five most overpaid actors. number five, jack black. i love jackst black.late his latest film earned only $7 million. for every dollar he was paid s film returned only about $5. not good enough, sorry. number four, sandra bullock. her film sent her oscar-winningc role in "the blind side" have all been flopped at the box office.n. number three, reese witherspoon. apparently she makes bad decisions about which films she does.la her last two including the unheard-of film "the means war" all bombed. for every dollar she is paid to film returned less than $4. number two, emmy winner catherine hagel. her first film was her huge success, but her last movie "one for the money" only earned $37 million, it costs $40 million to make. and number
CNN
Dec 29, 2012 3:00pm PST
, thank you, jessica. >>> thank you. >>> if we go off the fiscal cliff, will you notice an immediate change to your wallet? we want to get an immediate thought, who is the fairest of them all, the truth about taxes and wealth in america. steven, thanks for being here. so we have spent six months talking to lawmakers, republican and democrats. this can't happen. we can't go off the fiscal cliff. we have got to meet this deny. now what we're hearing, it is not that bad, we have time. >> what jessica said about the term paper, getting it done in time. you know what happens if you don't get it done in time? you get an f. and a lot of american voters are going to say an "f" to all the politicians if they don't get it done. look, i don't think it would be the end of the world if we go off the fiscal cliff. and it think it would be resolved in the weeks ahead. but this is kind of a black eye for the political system. here we are, two or three days ahead from the start of the year. without any american business investor, or worker, this just is not a very good way to run a country. and it is
CNN
Dec 29, 2012 9:00am PST
whitfield. here are the top stories we are following right now. >>> that fiscal cliff. we are at the very edge. senate leaders are working through the weekend trying to reach a deal before the deadline. today president obama called on lawmakers to meet their deadlines and responsibilities and forge a compromise to avoid tax hike and spending cuts from taking effect. lisa desjardins is live on capitol hill. what's going on right now? >> reporter: right now it's all behind closed doors, martin. what we just have learned in the last hour, in fact, what reporters have seen here, a surprise. house speaker john boehner was here at the capitol. we're still trying to sort out exactly why he was here, but he wasn't here for very long, it seems. he left in the last hour. also, we were able to see some of senator mcconnell's staffers. i was able to speak to one of them coming in and out of these kind of closed-door planning meetings. he said they've been here since 9:00 a.m. they plan to work all day and we may see his boss, senator mcconnell, later today. that shows us kind of where things stand. i
FOX News
Dec 31, 2012 1:00pm PST
, david lee. back to the fiscal cliff. don't blame congress for this scramble, blame the media? ands can put them at increased risk for plaque buildup inheir arteries. so it's even more important to lower their cholesterol, and that's why, when diet and exercise alonaren't enough, i prescribe crestor. in a clinical trial versus lipitor, crestor got more high-risk patients' bad cholesterol . [ female announcer ] crestor is not right for everyone. like people with liver disease or women who are nursing, pregnant or may become pregnant. tell your doctor about other medicines yore taking. ll your doctoright away if you have muscle pain or weakness, feel unusually tired, have loss of appetite, upper belly pain, dark urine or yellowing of skin or eyes. these could be signs of rare but serious side effects. ♪ is your cholesterol at goal? talk to youdoctor about crestor. [ femalannouncer ] if you can't afford your medication, astrazeneca may be able to help. >> this is new york's times square with a million people on average watching the ball drop and people are getting ready for the tradition
CBS
Dec 31, 2012 7:00pm EST
and confused, that's how many americans say they are feeling as we near the fiscal cliff. early today, dozens of people stopped what they were doing to watch the president's statement thank you miami -- at the museum. they were hoping to hear the president say we've got a deal. instead all they heard was a deal is in sight but not done yet. >> very frustrating that they have been at this for months and months and it's now 12 hours away and we are very close, very, very close, that's great but i would like to see it done. >> this congress has already been called one of the most ineffective in modern history. what happened on capitol hill today only solidified that in many people's minds. we have made it easy for you to track all of the latest developments on the fiscal cliff. just head to our website, wusa9.com, and click on fiscal cliff. >>> 2012 ends tragically for a family of a prince william county police officer. officer chris yung died in a crash at the intersection of nokesville road and piper line in briscoe. deborah joins us live in prince william county with more. >> reporter: it is
FOX News
Dec 31, 2012 2:00am PST
lawmakers do not appear close to reaching a deal to avoid the fiscal cliff we may be going ov going over. >> secretary of state hillary clinton in the hospital right now doctors discovered a blood clot. you can forget about days we are down to hours for law americas to reach a deal. >> doug luzader live from washington with the latest. doug? >> a deadline is hours away come midnight. it's not just the tax hikes that are scheduled to hit it's big cuts in government spending as well. 2013 could be off to a difficult start if there is no resolution. listen to this bleak assessment from capitol hill. >> the future of the country rests in the hands of 70 and 80-year-olds who have jet lag it's probably not the best thing. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to
FOX News
Dec 30, 2012 7:00pm PST
. the fiscal cliff deadline is getting closer and closer, if lawmakers fail to reach a deal in time, our nation's top employers, the small businesses in our communities, will have some difficult decisions to make, with 2013, will it bring more economic opportunities or will the job market contract? stay with us. >> the looming fiscal cliff is leaving many small businesses in limbo in this country. some owners say uncertainty over potential tax hikes is keeping them from expanding and hiring new employees and analysts warn, that's a recipe for disaster in this already sluggish economy. anna kooiman joins us with more. many small businesses owners say they're kind of operating on the defensive right now. >> it's tough to plan. they're making decisions based on business coming in and the risk of losing it all. arthur cooper is concerned that the change in tax rates will hurt his ability to hire so he doesn't want to expand. >> when you don't know what the rules are, all right? and that's-- it's hard to be aggressive and it's hard to-- it's hard to be really resolute and you know, in your business
CNBC
Dec 28, 2012 9:00am EST
. >> you, too. thanks a lot. >> meantime, fiscal cliff uncertainty isn't the only wild card investors should be worried about. we have a strategist who says there are other x factors investors need to consider. we have the chief investment strategist at bno capital markets joining us this morning. brian, good morning to you. >> thanks for having us, carl. >> so if the cliff isn't enough to worry about what else is there? >> well, there's always things to worry about that people aren't expecting. you know, the fiscal cliff clearly is what everyone is talking about and our view is it will not be viewed as a win for the politicians because it is something clearly that they have to do. let's look at how politicians can potentially see a win going forward. we think that's going after the, quote-unquote, evil financial market. you've seen so many big banks be in the headlines over the past few years. consumer america clearly still does not trust the financial system and so we think that over regulation of really the big money center banks is what is coming over the next few years where you'
CNBC
Dec 28, 2012 1:00pm EST
are in this position, the fiscal cliff imminent arrival, and we've been seeing it coming, a lot of people are scrambling to make plans assuming we go off the cliff. hampton pearson is in washington with the ripple effect. hampton. >> thank you, tyler. this is a wealth version of last-minute christmas shopping. with two business days left to protect assets primarily from the tax consequences of going over the cliff. tax planners say it's been a banner year, especially for estate planning. there's a big change coming with the gift tax. right now there's a $5 million exemption and the tax rate is 55%. at midnight it drops to a million and the tax rate goes to 55%. the capital gains expected to rise from 15 to 20%. there's a tax on raises over $200,000 a year. a future cap on charitable deductions and among those closely watching president obama and house speaker john boehner for any kind of break through, millions of married couples facing a higher tax burden if we go over the cliff. the bush era tax law eliminated the marriage clause meaning that incomes of couples earning as little as $80,
CNN
Dec 31, 2012 6:00am PST
to the fiscal cliff, where less than 15 hours from toppling over the edge if lawmakers can't seem to hammer out a deal or work something out. president obama says he is modestly optimistic that negotiations could prevent these huge tax hikes and spending cuts from kicking in. >> we don't yet see an agreement, and now the pressure is on congress to produce. if they don't, what i've said is that in the senate we should go ahead and introduce legislation that would make sure middle class taxes stay where they are, and there should be an up or down vote. everybody should have a right to vote on that. if republicans don't like it, they can vote no. >> brianna keilar, she's at the white house. brianna, they're saying they're going to come back to work in a couple of hours. a lot of people have been up a lot longer than that, up earlier, trying to figure out what's going on here. i understand you do have some news. potentially there's a new offer on the table. >> reporter: that's right. according to democratic sources, suzanne, they have gone up to $450,000 as the threshold for those income tax rates
FOX News
Dec 31, 2012 4:00pm PST
.m. eastern time. we may hear the fiscal cliff come out oof bill hemmer and megyn kelly's mouth. thank you. great stuff. don't miss bill and megyn tonight on the all american new year's eve right here on fox news channel. 11:00 p.m. eastern time. believe me, it is well worth your time it is great fun out there in times square. of course, you might want to drink your champagne responsibly. at least if you are planning to get behind the wheel tonight. we'll break down the facts and the myths behind drinking and driving next. plus, a big day of shakeups in the national football league where teams have sacked not one but seven head coaches. black monday at the nfl as "the fox report" continues on this new year's eve. ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace industry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospe
CNBC
Dec 28, 2012 3:00pm EST
first in do we get a fiscal cliff resolution or does eamon lose his voice. >> save it there, buddy. >> it's the voice cliff. eamon, thanks very much. want to bring in our next guests for their reaction. >> "closing bell" exchange, dan greenhouse, cnbc contributor, we've got todd schoenberger from land coal capital, rick santelli, steve guilfoyle on the floor of the exchange with us as well. let's see. let's start with you, mr. grinch. you sell on any strengths, even now, even if we get a deal? >> well, fundamental analysis is thrown out the window. this obviously is a headline-driven market. any time you're hearing about something that's going to take place, any hint at any type of negotiation, any type of a deal, the markets tend to respond. right now i think the markets are calling their bluff right now. we're not expecting a lot out of what's taking place in washington at this moment. here's a thing, guys. even if there is a deal, it's going to be tough. you'll have a knee jerk reaction. markets should be rallying, might be a great opportunity to sell into strength, because when
CNBC
Dec 26, 2012 3:00pm EST
yet. we're still five days away from falling off the proverbial fiscal cliff and wall street, like everybody else, is waiting for some kind of a solution here, and as you can see by today's numbers the waiting game continues, although we thank brian sullivan and you, mandy, for bringing us back to positive territory in the last hour. >> i'm not sure we can take credit but we'll take it. >> the dow is up a fraction at the moment. 13,139 after a meandering much of the day. the nasdaq hardest hit today. technology has been very volatile recently. still down a fraction right now. 13 points, fraction percentage-wise and the s&p is down 3.33 at 1423. five days left until the fiscal cliff deadline, and though the market has been very resilient to this point, what happens if we go over the cliff and if lawmakers cannot get it together come january 1st? will it be a big meltdown for wall street? that's what everybody wants to know. >> certainly hope know. in today's "closing bell" exchange, former chief economist of the vice president joe biden, oliver perch from gary goldberg and matt ches
CNN
Dec 24, 2012 4:00am PST
. alina. >> barbara starr, thank you. >> hope is fading fast this morning for a fiscal cliff compromise. eight days left until we go off the edge. with the president and congress on holiday hiatus, things looking bleak. listen to joe liberman on yesterday's "state of the union." >> i think it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> white house correspondent brianna keilar is traveling with the president and joins us live from honolulu, hawaii, this morning. i'm talking to republican and democratic sources and they really feel like we're going to go over the cliff. what are you hearing? >> i'm hearing it's a very real possibility, and as you're hearing, they aren't even really talking, democrats and reyou public i had cans, the white house talks to senate democrats, but at this point, the white house is not in any real substan tiff conversations with both house republicans and senate republicans as all eyes turn to t
FOX News
Dec 28, 2012 9:00pm PST
more. we have gone over the cliff already. >> sean: thank you both on what we are are calling america on the brink. the fiscal cliff battle continues right up to the very end. when we come back, former governor bill richardson will attempt to explain where president obama's leadership has been on the fiscal cliff showdown. a hannity one on one shootout and then senator dianne feinstein is introducing a new assault weapons ban and believe it or not she s actually now talking about gun owners being registered and fingerprinted. we will get to that and much we will get to that and much [ woman ] we knew it was gonna be bad, but never like this. the red cross was down here all the time. [ man ] they've given us a lot of heart. in times of need, they're there. ♪ [ kerry ] my dad was watching his house burn. he turned around, and all of a sudden, therwas this guy standing there from the red cross. at a point where i had just lost everything, the idea that there was someone there... that's an amazing thing. ♪ but with advair, i'm breathing better. so now i can be in the scene. advair is
MSNBC
Dec 26, 2012 6:00am PST
role in the fiscal cliff negotiations that based off the current offer may only have a smaller deal. a member of the budget committee and outspoken voice on the left side of the aisle. thanks for joining me. good morning. >> mire pleasure. >> we were saying a lack of urgency in washington to deal with the fiscal cliff and being a member of congress especially a respected member of the senate and what do you think is possible at this point on any type of a large scale deal. what do you see as the most likely scenario moving forward. >> i don't think it's a lack of urgency, but a great deal of concern that republican party failed to do anything. it seems that in the house, boehner has no control over his extreme right wing faction. i think the american people are very clear about what they want. what they want is to ask the wealthiest people in the country to pay their fair share of taxes. there was a poll out the other day, 70% of the american people think folks making over $250,000 a year should pay their fair share. they understand that one out of four corporations are paying nothi
CNBC
Dec 26, 2012 9:00am EST
in this environment. thanks so much. jane wells. when we come back, find out how the fiscal cliff is affecting the euro's move higher. here's one corporate executive's view of the fiscal cliff. >> i'm the president and ceo and owner of canon safe. the fiscal cliff is going to impact me as a business owner. it makes me uncertain. it makes me wonder, should i expand? should i hire more people? do i need to lay people off? the bottom line, we're at this point in a lack of leadership. it's an embarrassment how washington is acting. i am begging somebody in washington, step up. be accountable. take responsibility. solve the root cause of these issues. get smart about your weight. >>> the graphic says it, market flash. welcome back to the program. let's look at best buy. the stock's not moving higher, but there are positive comments out there. rare positive comments from an analyst about the store upgrades. bby has been remodeling a number of stores. david chick says they are a real improvement from the old stores. he visited a bunch post, pre, and post remodel. he thinks these are pretty good. he b
CNN
Dec 29, 2012 4:00pm PST
tax. that is everything that would hit average americans. the fiscal cliff, it may be bigger than people realize. don? >> lisa, thank you very much. a lot of us would like to tell lawmakers what we think of them. here is your chance right now, go to our ireport.com and start a message and we will play them to congress on air. it's murder charges now for a new york city woman who we are told has confessed to pushing a man in the subway track to his death. these details are new and we are still gathering information. there is david, he is in new york. david, what has this woman confessed? >> she seems to have confessed to a hate crime, don, she has been charged with second degree murder in the case of this man who was pushed off the subway platform in queens on thursday. and the queens district attorney's office released this statement. it was a quote from her saying i pushed a muslim off the tracks, ever since they put down the twin towers i've been beating them up. this adds a twist to the case that riled new york. this is the second incident that has occurred at subway tracks in
CNN
Dec 30, 2012 2:00pm PST
. thank you. >> thank you, martin. >>> what going over the fiscal cliff means for you. for me. for all of us. we are monitoring the talks on capitol hill, the number two senator on the hill, dick durbin, joins us next. ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ [ male announcer ] when diarrhea hits, kaopectate stops it fast. powerful liquid relief speeds to the source. fast. [ male announcer ] stop the uh-oh fast with kaopectate. >>> let's go back to dana bash monitoring developments on capitol hill. dana? >> that's right, martin, talking to democrats now coming out of their nearly two-hour meeting talking about the talks are and we now have the number two democrat in the senate, dick durbin from illinois. thank you very much. can you give us a reality check of where things stand and more importantly, if you really think that a deal can be done pie the clock striking midnight tonigh
CBS
Dec 31, 2012 6:00am PST
in a row thanks to peyton manning. >>> the "fiscal cliff" deadline hours away but talks are stalled. can lawmakers reach a deal in time? >> plus a car careens into a packed funeral home over the weekend. what the teens in the cars were doing before impact. >> we're live in san francisco, where arson investigators will be looking into a suspicious house fire. we'll tell you what made things dangerous for firefighters. ,, ,,,,,,,,,, ♪ [ female announcer ] no more paper coupons. no more paper lists. [ dog barking ] ♪ no more paper anything. safeway presents just for u. ♪ save more. save easier. saving more, starts now. just for u on the safeway app. new year's eve. i m michelle griego. and i'm frank mallicoat. tis 6-- developing news from san francisco... ars >>> good morning. it's monday, december 31. new year's eve, i'm michelle griego. >> is it new year's eve? >> it is. >> hi, everyone. i'm frank mallicoat. it is 6:30 on the nose now. we have developing news here in san francisco. arson investigators are looking into a suspicious house fire. >> cbs 5 reporter cate caugiran is live
FOX
Dec 31, 2012 7:00am EST
to reach a deal to avert the fiscal cliff. with time out we're looking at what's held up the deal and what the lack of one will mean for the nation. a little later on, talk to jerry conley. first we turn to representative phil row. we appreciate you coming in on new year's eve. >> thanks. glad to be here. >> i know senate leaders met over the weekend and things were not going well. they've called in vice president bide entobroker some sort of a deal. looking at how things are going, do you think we're going to have a deal? >> you know, an agreement could be reached. let me take the step back. this is not the way to run the country. the american people are frustrated by this process. we have a process to get a bill passed and that's to bring it up to the house. it goes to the various committees , house floor, over to the senate. they don't like it, they send it back to us. goes to conference committee and send it to the president. that is how the country is supposed to be run. any agreement now has to be small because there's not enough time for both parties to look at it and decide what's
CNN
Dec 27, 2012 1:00pm PST
answer, a yes or a no. are they going to avoid the fiscal cliff, erick? >> no. >> how about you, cornell? >> no. >> oh, my goodness. un anymore tea. thank you. happy new year to you all. i appreciate it. >>> a ban on americans adopting russian children. vad lir putin's signature will make it official and it will crush hundreds of families. >> we rely on our faith and our hope in juice sus christ and that's what is going to get us through this. but it would just be devastating for those kids. if you need them.even drops this. but it would just be devastating for those kids. is going to get . but it wld just be devastating for those kids. what is going to this. but it would just be devastating for those kids. f year. ♪ nice sweater. thank you. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy'
CNN
Dec 28, 2012 2:00am PST
. "early start" begins right now. >>> crunch time for the fiscal cliff. the key players to meet at the white house with just four days left until the deadline. >> they called him stormin norman. america remembering general norman schwarzkopf. >> and have gun, will teach. hundreds of educators get a hands-on lesson in firearms. controversial proposal. good morning. welcome to "early start." 5:00 a.m. in the east. >>> it is the last friday of 2012. i've just had that pointed out to us. one final desperate attempt to dodge the fiscal cliff, just four days left before we go over the edge triggers tax hikes, spending cuts that could send the nation back into recession. the president calling for members of the congress the back. a gang of six attending. vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he
FOX News
Dec 31, 2012 8:00am PST
: let's take a look at the dow with all this fiscal cliff nonsense going on. it's up, actually about 8 points right there as you can see. still down below 13,000, though, after heavy losses last week. very light trading also as you might imagine on this day before the market is closed for the new year's holiday. while congress cannot seem to agree on a fiscal cliff fix, it looks like a deal has been reached to keep your milk prices from skyrocketing. both the house and senate agriculture committees have agreed to a one year extension on the farm bill which expired earlier this year. the extension must be passed by a full vote in congress before it can take effect. had a deal not been reached by tonight the government would have been forced to buy milk at inflated prices, raising the doss of milk and other dairy products for consumers could have been 8 bucks a gallon, believe it or not. heather: secretary of state hillary clinton is now hospitalized after doctors discovered a blood clot during a recent follow-up exam stemming from a concussion earlier this month. david lee miller is joi
CNBC
Dec 27, 2012 9:00am EST
with as you probably know. the fiscal cliff headline watch continues. you just heard john kanas say the market not too concerned. futures up 21 points. decent data out of europe, we will talk about in a minute what a day for the asian markets again. also coming up. our road map begins at andrews air force base where the president arrives in a couple of hours, cutting his hawaiian vacation short to address the fiscal cliff s there really any hope in the last attempt? does the market fade if there's no news tomorrow night? >> the nikkei continues its 21-month run. how much is the boj willing to put up with? >> looking a at potential strike in the nation's port on the east and southern coast, the first since '77 that could cost retailers and importers billions. businesses now asking its white house to get involved. >>> you can now get the nokia lumia for free, depending on the service provider contract you sign s that standard practice or a sign the company's flagship phone suspect selling well? >>> we will start off with news about the fiscal cliff. congress returning to capitol hill today to tr
FOX Business
Dec 29, 2012 8:00pm EST
illness. thank you both for being iljudith miller among our gifts. >> suddenly fiscal cliff is looking steeper and closer. noted economist arthur lapert joins us to tell us how this game stamps.com is the best. i don't have to leave my desk and get up and go to the post ofce anymore. male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i hav exactly the amount of postage i nd, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail manicks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. pick your [bleep] up. you're not [bleep] sittin' here. yes, i am. [laughter] move. move. [laughter/indistinct chatter] bully: give it to him hard. no, no, no, oww. announcer: every day, kids witness bullying... boy: why are you stabbing me with it? no! announcer: they want to help, but dot know how. no! oww. ohh, you guys... announcer: teach your
CNN
Dec 28, 2012 1:00pm PST
'll talk to you later, jess, thanks. we are seeing senate leaders take new initiative in the fiscal cliff standoff after their talks with the president. harry reid and mitch mcconnell talked about the meeting and the tough work ahead. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it was a very serious meeting and it took an extended period of time, as you all know, waiting for us. >> mr. president, i would just add -- i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussions, the majority leader and myself and the white house, in the hopes that we can come forward as early as sunday and have a recommendation that i can make to my conference and the majority leader can make to his conference. and so we'll be working hard to try to see if we can get there in the next 24 hours. so i'm hopeful and optimistic. >> let's bring in cnn's senior political analyst, ron brownstein, editorial director of "the national journal." i'm not sure where to begin here. i
FOX Business
Dec 27, 2012 6:00pm EST
the fiscal cliff talks? and some new years resolutions on congress. we will be right back. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty mh access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. gerri: it is official coming house will be back to deal with the fiscal cliff monday afternoon. harry reid asked the politicians to blame john boehner for everything. joining me now, chairman and cofounder. great to have you back. i mean, come on, harry reid was crazy today. >> american people i don't think understand the house of representatives is operating without the house of representatives. it iit's being operated with a dictatorship of the speaker. gerri: how do you respond to that? john boehner quinones says to make everything not happen? >>
MSNBC
Dec 28, 2012 1:00pm PST
much and have a really happy new year. >> thanks, karen. >>> coming up, it's not just the fiscal cliff. the president has a lot to do and not a lot of time to do it. stay with us. >> the president goes off 18 hours on the golf course, 20 hours in the air. how do you view this politically? >> he's been using this, and i must say with great skill and ruthless skill and success to fracture and basically shatter the republican opposition. we're all having such a great year in the gulf, we've decided to put aside our rivalry. 'cause all our states are great. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you'll have a great time. especially in alabama. you mean mississippi. that's florida. say louisiana or there's no dessert. brought to you by bp and all of us who call the gulf home. c'mon, michael! get in the game! [ male announcer ] don't have the hops for hoops with your buddies? lost your appetite for ro
CNBC
Dec 26, 2012 6:00am EST
. >>> okay, coming up, deal or no deal? that's the question. we're going to talk fiscal cliff expectations and what d.c. negotiations could mean for the final few trading days of 2012 when we return. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... and you wouldn't have it any other way.e. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently.
CNN
Dec 24, 2012 6:00am PST
on the fiscal cliff deadline on december 31st. retiring senator joe lieberman puts the potential failure in historic perspective. >> i feel it's more likely we will go over the cliff than not, and if we allow that to happen, it will be the most colossal, consequential act of congressional irresponsibility in a long time, maybe ever in american history. >> when i listen to the president, i think the president is eager to go over the cliff for political purposes. i think he sees a political victory at the bottom of the cliff. he gets all this additional tax revenue for new programs. he gets to cut the military, which democrats have been calling for for years, and he gets to blame republicans for it. >> so, hey, merry christmas. our white house correspondent brianna keilar is traveling with the president in honolulu. brianna, are the white house and republicans even talking? >> reporter: no. they're not, carol. there's no substantive discussions going on between the white house and senate democrats and senate republicans and house republicans. and this is key because in order for the cliff
CNBC
Dec 26, 2012 12:00pm EST
cliff night? let's get to the "fast money" halftime. >>> all right, carl. thanks so much. welcome to the "halftime" show. four hours to go until the close. the dow has taken a turn to the negative. down 33 points. as you can see, the s&p and the nasdaq are following suit. here's what we're following on the "halftime" show. lucky '13. which stocks look like a good bet. >>> cliff countdown. just three trading days remain for lawmakers to reach a deal and avoid going over the cliff. will they rise above and what happens to the markets if they don't? first our top story, shopped out. new data showing holiday sales grew at the slowest pace in four years. what does it all say about the health of the nation's retailers and the money you have in their stock? our traders for the hour are peat and john negarian and steven weiss. pete, begin with you, 16 of the 17 worst performers in the s&p today are retailers. >> understandably so. the expectations were so high. a lot of the analysts were looking for a bump of 3 to 4%. didn't get close to that. you're seeing pressure on the retail sector.
CNN
Dec 30, 2012 3:00pm PST
and fiscal cliff talks are at a standstill with neither side wanting to give ground at this point. >> trying to find a lining around that cloud, if there is one, and democrats and republicans are still talking. they are still trying to reach a deal to stop the spending cuts and tax hikes that are likely or possible to push our economy back into the recession if we go over the fiscal cliff. >> but ali, neither side is budging much. you have been reporting on it for the last couple of hours. friday though, president obama said that he was optimistic that the two sides could reach a deal. this morning, he sounded less positive though. >> if, you know, if people start seeing that on january 1st, this problem still has not been solved, that we haven't seen the kind of deficit reduction that we could have had, had the republicans been willing to take the deal they gave them, and if they say that people's taxes have gone up which means consumer spending will go down. >> and keep in mind that the senate is the first hurdle. any deal has to pass the house. we are not into the senate yet and the repub
CNN
Dec 24, 2012 11:00am PST
. >> okay, alexandra steele, thanks very much. >>> from fiscal cliff to crime and punishment, we'll show you our top ten stories of 2012 next. >>> you know me as carl. hey, mom. stationed in germany. shoutout to all my family in trentth, new jers trenton, new jersey. i miss you all, i love you all. if you missed it, it's your fault. i did my part. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> here is the mug shot after crapo's arrest in a washington, d.c. suburb. he's a mormon and
FOX Business
Dec 26, 2012 6:00pm EST
you, gerri. gerri: president obama is in washington negotiating a deal to revert the fiscal cliff. the first time and there are 500 billion in tax hikes coming your way. december 31. grover norquist from the president of americans for tax reform are warning that that is only the start of our problem. >> in addition to the bush tax cuts, 500 billion-dollar tax increases, a trillion dollars in obamacare taxes, all the taxes to pay for that free health care we are supposed to get. 90% of the tax increases to pay for obamacare were conveniently postponed until after obama got himself safely reelected. they begin to hit january 1 of this coming year. they are unpleasant. gerri: absolutely unpleasant. it is a disincentive to invest into work. i don't know what people are going to do down the road. now it seems that people are saying it's up to the senate. it's in the senate ballpark now to do something and to get some kind of bill. will they do anything at all? >> all the focus has been on president obama and the house of representatives. the leader, speaker boehner. some of us went to
CNN
Dec 31, 2012 4:00pm PST
the country goes over the fiscal cliff? that and much more when our special coverage continues. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. everything you can fit vo: in this
CNN
Dec 26, 2012 4:00am PST
. >>> president obama heading back to washington to tackle the fiscal cliff today. he will get to d.c. just as the house and senate expected to reconvene tomorrow. not much time left for a notoriously slow-moving washington to get something done. brianna keilar following the drama from honolulu, hawaii. she's there with the president. what is the latest. >> president obama is officially cutting short his christmas vacation and heading back from hawaii. tonight, hawaiian time, early in the morning on the east coast and returning to the d.c. area on thursday. as the senate is set to reconvene and all eyes really are looking there to see what senate majority leader harry reid can cobble together in order to get republican support to avoid the fiscal cliff. he'll also have to put together something that will get republican support in the house. this is a last-ditch effort and will be obviously very difficult if it succeeds at all. at this point, the white house still wants that threshold for income tax rates to be at 250,000. it's unclear, exactly what the senate proposal is going to look like.
FOX News
Dec 25, 2012 3:00am PST
the opening and loophole in your fiscal cliff. ainsley: always thinking, santa. clayton: thanks so much. we'll check back later. merry christmas. >> merry chris mag -- christmas, everyone. clayton: last minute traditions, getting eggnog ready, hanging out with the family and we want to find out what your favorite christmas movies and watching christmas eve and christmas day. marist put together a poll of top christmas movies of all time. drum roll. here is the number one christmas movie of all time according to you who voted. it is, roll it. [laughter] >> like snowball's family. ♪ . >> listen, jerk. when i tell you to come, you better come. >> what, are you going to cry now? come on cry, baby cry, cry for me. come on, cry. >> deep from the recesses of my brian a tiny red hot little flame began to grow. clayton: seems like a really mean movie. it looks horrible. rick: it's not. it is very, very funny. 1983 "a christmas story", was number one on the list. and number two on the list, not too far behind but a little bit behind is, this movie. it's a wonderful life. >> hey george. george. you
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